Tuesday, February 18, 2020

LendingClub is acquiring Boston-based online bank Radius Bancorp in a deal valued at $185M, making it the first US fintech company to acquire a bank (Hugh Son/CNBC)

Hugh Son / CNBC:
LendingClub is acquiring Boston-based online bank Radius Bancorp in a deal valued at $185M, making it the first US fintech company to acquire a bank  —  - LendingClub, a fintech company that pioneered personal loans made online, is buying a U.S. bank to give it access to a stable and cheaper source of funding, CNBC has learned.



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An interview with Expedia CEO Ariane Gorin, who calls AI "a growth opportunity", as she prepares the online travel company to face potential disruption from AI (Stephanie Stacey/Financial Times)

Stephanie Stacey / Financial Times : An interview with Expedia CEO Ariane Gorin, who calls AI “a growth opportunity”, as she prepares the...